MoneyWorks

A cloud-based or on-premise accounting software available for Mac & PC with bank reconciliation, dashboard, and report writer tools.

Product Overview

MoneyWorks is an accounting software designed for small to medium sized organizations. It is available as a cloud based software as well as on-premise versions for both Mac and PC. Lighter and more advanced versions are available to suit a wide range of companies.

Pros

  • Cost-effective with multiple versions available
  • User-friendly with intuitive interface
  • Clear and functional reporting

Cons

  • Limited hands on support
  • Integration limitations

Target Market

Small to medium sized companies that are interested in a versatile yet simple software with minimal installation costs.

MoneyWorks is a comprehensive accounting software suite developed by Cognito, designed for small to medium-sized organizations. It is available in both cloud and on-premise versions and offers a range of features tailored to various business needs, including budgeting, general ledger, tax tracking, contact management, item pricing, accounts receivable and payable, sales analysis, and custom form designing. MoneyWorks Gold adds features like multi-currency support, advanced inventory management, and job costing, while MoneyWorks Datacenter offers multi-company options.

Versions of MoneyWorks include:

  • Cashbook: A single-user cashbook and general ledger
  • Express: Cashbook package plus invoices and statements
  • Gold: Cost center accounting, multi-currency, job costing, inventory management, and more
  • Datacentre: Gold package plus multi-company capabilities
  • MoneyWorks Now: Gold package but accessible in the cloud

Video Overview

MoneyWorks Features

  • Cashbook for payments & receipts
  • Integrated general ledger
  • Product database
  • Manage customer/supplier contacts
  • Set up recurring transactions
  • Customise entry screens and lists
  • Define pick lists for easy data entry
  • Search & sort data
  • Output directly to PDF, Office, and iWork
  • Import bank statements
  • Bank reconciliation
  • Audit trails for accounting integrity
  • Manage GST/VAT/sales taxes
  • Reporting and dashboards for better insights
  • Accounts receivable and payable
  • Design invoices, statements, labels, etc.
  • Analyse sales and purchases
  • Powerful custom report writer
  • Manage inventory and manufacturing
  • Prepare quotes, estimates & sales orders
  • Manage purchasing & reordering
  • Serial & batch number tracking
  • Departmental/cost center accounting
  • Key Performance Indicators (KPIs)
  • Track client jobs and bill for time
  • Control privileges for multiple users
  • Live access from mobile devices
  • Enhanced security and backups
  • Advanced APIs for system integration

MoneyWorks Pricing

The cost of MoneyWorks starts at $260/one-time for MoneyWorks Express Perpetual license. It is also available as a subscription starting at $16.50 per month. The cost usually depends on the version needed, the number of users, the number of companies, and the level of functionality. There is a 45-day free trial available.

Starting Price
$16.50 /month
Price Range Learn More
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Product Overview

Developer Overview

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